Syllabus
Course
Semester
Subject Title
Subject Code
:
:
:
:
MCA
1st
Financial accounting
MCA14
Financial Statements
Financial Statements, Meaning Of Financial Statements, Usefulness Of Financial
Statements, Trading Account, Manufacturing Account, Profit And Loss Account. Balance
Sheet, Distinction Between Tangible Assets And Intangible Assets, Distinction Between
Fixed Assets And Current Assets, Distinction Between Trading And Profit And Loss
Account And Balance Sheet, Distinction Between A Trial Balance And A Balance Sheet ,
Methods Of Presenting The Final Accounts, Treatment Of Some Items Which May Be
Direct Items/Indirect , Items/Incomes/Expenses Classification Of Capital And Revenue,
Rationale Of Making Adjustments At The Time Of Preparing The Final Accounts,
Distinction Between Prepaid Expenses And Outstanding Expenses, Distinction Between
Accrued Income And Unaccrued Income, Treatment Of Items Of Adjustments Appearing
In The Trial Balance, Treatment Of Items Of Adjustments Appearing Outside The Trial
Balance.
Accounting Of Partnership Firms
Consignment Accounts, Distinction Between Consignment And Sale, Terms Used In
Consignment, Valuation Of Unsold Stock Lying With The Consignee, Treatment Of
Abnormal Loss, Treatment Of Normal Loss, Distinction Between Normal Loss And
Abnormal Loss In Consignment , Accounting Entries In The Books Of Consignor,
Accounting Entries In The Books Of Consignee
Accounting For Partnership Firms – Fundamentals
Meaning, Essential Elements And Nature Of A Partnership, Partnership Deed , Methods
Of Maintaining Capital Accounts Of Partners, Treatment Of Interest On Capital,
Calculation Of Interest On Capital , Calculation Of Interest On Drawings, Treatment Of
Interest On Partner’s Loan To The Firm, Calculation Of Commission To A Partner,
Division Of Profit Among Partners, Calculation Of Capital Ratio, Past Adjustments,
Guarantee Of Minimum Profit To A Partner, Goodwill, Change In Profit Sharing Ratio
Accounting For Partnership Firms – Admission Of A Partner
New Profit Sharing Ratio And Sacrificing Ratio, Treatment Of Goodwill, Calculation Of
Hidden Goodwill, Revaluation Of Assets And Liabilities, Memorandum Revaluation Of
Assets And Liabilities, Adjustment For Reserves And Accumulated Profits/Losses,
Adjustment Of Capital
Accounting For Partnership Firms – Retirement/Death Of Partner
New Profit Sharing Ratio And Gaining Ratio, Distinction Between Sacrificing Ratio And
Gaining Ratio, Treatment Of Goodwill, Revaluation Of Assets And Liabilities,
Adjustment For Reserves And Accumulated Profits/Losses, Adjustment Of Capitals,
Disposal Of The Amount Due To The Retiring Partner, Joint Life Policy, Death Of A
Partner
Shares And Debentures
Accounting For Share Capital, Meaning, Nature And Characteristics Of A Company,
Meaning And Categories Of Share Capital, Distinction Between Reserve Capital And
Capital Reserve, Distinction Between Authorized Capital And Issued Capital, Meaning,
Nature And Classes Of Shares, Distinction Between An Equity Share And Preference
Share, Issue Of Shares , Minimum Subscription, Distinction Between Over-Subscription
And Under-Subscription, Issue Of Shares At Par, Issue Of Shares At A Premium, Issue
Of Shares At A Discount, Calls-In Arrears And Calls-In-Advance, Issue Of Shares For
Consideration Other Than Cash, Forfeiture Of Shares, Re- Issue Of Shares, Forfeiture
And Re-Issue Of Shares Allotted On Pro-Rata Basis In Case Of Over-Subscription.
Issue Of Debentures
Meaning And Nature Of Debenture, Distinction Between A Share And A Debenture,
Kinds Of Debentures, Issue Of Debentures, Issue Of Debentures For Cash, Issue Of
Debentures For Consideration Other Than Cash, Issue Of Debentures As Collateral
Security, Accounting For Issue Of Debentures Considering The Terms And Conditions
Of Redemption, Treatment Of Discount On Issue Of Debentures, Treatment Of Loss On
Issue Of Debentures, Interest On Debentures.
Ratio Analysis
Meaning Of Ratio Analysis, Meaning Of Ratio, Liquidity Ratios, Solvency Ratios,
Activity Ratios, Profitability Ratios, Importance Of Ratio Analysis, Precautions To Be
Taken, Limitations Of Ratio Analysis
Funds Flow Statement
Meaning Of Funds Flow Statement, Objective Of Funds Flow Statement, Distinction
Between Funds Flow Statement And Position Statement, Distinction Between Funds
Flow Statement And Income Statement, Uses Of Funds Flow Statement, Limitations Of
Funds Flow Statement, Preparation Of Funds Flow Statement, Preparation Of Schedule
Of Changes In Components Of Working Capital, How To Determine Whether An Asset
Is A Current Asset Or Non-Current Asset, Distinction Between Funds Flow Statement
And Schedule Of Changes In Working Capital, Analysis Of Changes In Non-Current
Items, Treatment Of Provision For Taxation, Treatment Of Financing And Investing
Activity Not Affecting The Working Capital, Meaning Of Funds From Operations,
Methods Of Computation Of Funds From Operations, Preparation Of Fund Flow
Statement, Is Depreciation A Source Of Funds?